Abraxas Capital once again added $5 million to its ETH short position, bringing the total to a $78.72 million unrealized loss.
BlockBeats News, July 27th, according to HyperInsight monitoring, the address starting with 0x5b5, identified by Arkham as Abraxas Capital, has just added $5 million to its ETH short position hedge (10x leverage), which is currently still unrealized loss of $78.72 million. The specific information is as follows:
Position Size: $299 million
Entry Price: $2,826.72
Liquidation Price: $5,096.9
Current P&L: Unrealized Loss of $78.72 million
In addition, the BTC short position hedge (10x leverage) opened by this address has also incurred an unrealized loss of $22.3 million, with a position value of $345 million. Other major short positions include: HYPE (5x short), with a loss of $6.89 million; SOL (10x short), with a loss of $8.51 million. Currently, the overall unrealized loss of the short positions by this address is approximately $115 million.
You may also like

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

Mergers and acquisitions in the cryptocurrency market are exceptionally active

Concerns Behind the Binance Customer Service Controversy

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival

What is the connection between Huang Zheng of Pinduoduo and blockchain?

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

If the AI bubble has already burst, who will truly remain?

Paul Graham: How to Make a Billion Dollars

After 18 years, blockchain has finally started to head towards the main channel



